HSBC Hiring for Executive – India Payroll GSC’s at Hyderabad, Telangana Full Time

Open positions: 1

Role Title: Executive – India Payroll

Global Career Band:8

Location (Country / City): Hyderabad

What you’ll do: (List out Key Responsibilities)

Job Description

Manage centralized in-house payroll operations for over 25000 plus employees located at different cities in India

Thorough working knowledge on India Payroll statutory management i.e. PF, ESIC, PT, IT, Statutory Bonus, Gratuity, EDLI etc.

Reviews and analyzes current payroll, benefits and tax procedures in order to proactively identify, recommend and implement changes that lead to improvement opportunities.

Assists in the operation of the Payroll section to ensure all transactions are processed within organizational timescales and procedures.

Ensure to reconcile and effectively control the accounts affecting Payroll on a monthly basis & preparing necessary provisions for foreseeable payments

Ensure that staff queries are addressed and resolved in a timely manner reflecting the high level of customer service expected from Payroll Staff.

Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulator

Implementation of Group Compliance Policy as applicable to the role

Keeping a proactive approach to problem solving & securing outcomes that are in agreement with the bank’s policy

Provide service to customers by focusing on resolving requests efficiently, accurately, and professionally

Identify and escalate potential showstoppers.

Issues / problems are effectively investigated and resolved or are appropriately referred with recommendations

Contribute to the team effectively and manage for value at all times.

Participate in development of cohesive teams and support achievement of team objectives.

Exhibit ownership of the business.

Perform full-cycle processing using an integrated HRIS / Payroll system, including processing and maintenance of pay earnings and deductions, off-cycle processing, disbursement of payments, generation and distribution of reports to key stake holders, and maintenance of paper and electronic records.

Requirements

What you will need to succeed in the role: (Minimum Qualification and Skills Required)

Skills/Experience Required

2 – 3 years’ experience in managing India Payroll operations in an In-house model

Experience in managing payroll for a multinational, multi-site employer (5,000+ employees)

Accuracy and detail oriented, able to quickly spot errors in data and respond with clarification and explanation

Good interpersonal and communication skills (Verbal & Written)

Time management and ability to meet deadlines

Knowledge of and experience in planning and organizing techniques

Customer focused, a “can-do” attitude, independent and proactive

Team Player across immediate team, client and across HR function.

Ability to process administrative tasks and manage own responsibilities with minimal supervision

Proficient user of Microsoft Office (including Word, Excel-advanced user to include pivot tables and formula functions)

Skilled in producing reports with Excel

Ability to learn quickly and transfer knowledge appropriately

Knowledge of and experience in problem solving techniques

Ability to perform in high-pressure environment should be effective in a flexible work environment.

Ability to adapt to a fast paced continually changing and deadline-driven business and work environment while managing multiple priorities

You’ll achieve more at HSBC

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

***Issued By HSBC Electronic Data Processing (India) Private LTD***